The major stock indices are all heading lower in Futures trading around half a percent.
The S&P 500 has breached 4100 to currently 4099 at 7:37 PST
This would seem to confirm we hit top of trading range at 100 day moving average on Friday (we closed slightly above the 100 day moving average on the S&P 500 Friday)
Meaning we should start working our way back down the trading range to the median to then again bounce or break.
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